Travel Risk Management Services Market Insights, Global Outlook and Forecast 2022-2028
Travel Risk Management Services Market Insights, Global Outlook and Forecast 2022-2028
The Travel Risk Management Services Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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The latest research study released by Market IntelliX evaluates market size and forecasts of Travel Risk Management Services in Global, including the following market information:
Global Travel Risk Management Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Travel Risk Management Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Essential Tracking & Alerts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Travel Risk Management Services include Anvil Group, BCD Travel, Healix, Carlson Wagonlit Travel, Kroll, Millbank Solutions, NC4, Focus Point International and Drum Cassac and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Travel Risk Management Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Travel Risk Management Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Travel Risk Management Services Market Segment Percentages, by Type, 2021 (%)
Essential Tracking & Alerts
Interactive Communications
High Risk Tracking & Response
Global Travel Risk Management Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Travel Risk Management Services Market Segment Percentages, by Application, 2021 (%)
Enterprise
Personal
Global Travel Risk Management Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Travel Risk Management Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Travel Risk Management Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Travel Risk Management Services revenues share in global market, 2021 (%)
The report presents profiles of competitors in the market Some of the prominent key players covered:
Anvil Group
BCD Travel
Healix
Carlson Wagonlit Travel
Kroll
Millbank Solutions
NC4
Focus Point International
Drum Cassac
Ovation Travel Group
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Travel Risk Management Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Travel Risk Management Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Travel Risk Management Services Overall Market Size
2.1 Global Travel Risk Management Services Market Size: 2021 VS 2028
2.2 Global Travel Risk Management Services Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Travel Risk Management Services Players in Global Market
3.2 Top Global Travel Risk Management Services Companies Ranked by Revenue
3.3 Global Travel Risk Management Services Revenue by Companies
3.4 Top 3 and Top 5 Travel Risk Management Services Companies in Global Market, by Revenue in 2021
3.5 Global Companies Travel Risk Management Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Travel Risk Management Services Players in Global Market
3.6.1 List of Global Tier 1 Travel Risk Management Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Travel Risk Management Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Travel Risk Management Services Market Size Markets, 2021 & 2028
4.1.2 Essential Tracking & Alerts
4.1.3 Interactive Communications
4.1.4 High Risk Tracking & Response
4.2 By Type - Global Travel Risk Management Services Revenue & Forecasts
4.2.1 By Type - Global Travel Risk Management Services Revenue, 2017-2022
4.2.2 By Type - Global Travel Risk Management Services Revenue, 2023-2028
4.2.3 By Type - Global Travel Risk Management Services Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Travel Risk Management Services Market Size, 2021 & 2028
5.1.2 Enterprise
5.1.3 Personal
5.2 By Application - Global Travel Risk Management Services Revenue & Forecasts
5.2.1 By Application - Global Travel Risk Management Services Revenue, 2017-2022
5.2.2 By Application - Global Travel Risk Management Services Revenue, 2023-2028
5.2.3 By Application - Global Travel Risk Management Services Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Travel Risk Management Services Market Size, 2021 & 2028
6.2 By Region - Global Travel Risk Management Services Revenue & Forecasts
6.2.1 By Region - Global Travel Risk Management Services Revenue, 2017-2022
6.2.2 By Region - Global Travel Risk Management Services Revenue, 2023-2028
6.2.3 By Region - Global Travel Risk Management Services Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Travel Risk Management Services Revenue, 2017-2028
6.3.2 US Travel Risk Management Services Market Size, 2017-2028
6.3.3 Canada Travel Risk Management Services Market Size, 2017-2028
6.3.4 Mexico Travel Risk Management Services Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Travel Risk Management Services Revenue, 2017-2028
6.4.2 Germany Travel Risk Management Services Market Size, 2017-2028
6.4.3 France Travel Risk Management Services Market Size, 2017-2028
6.4.4 U.K. Travel Risk Management Services Market Size, 2017-2028
6.4.5 Italy Travel Risk Management Services Market Size, 2017-2028
6.4.6 Russia Travel Risk Management Services Market Size, 2017-2028
6.4.7 Nordic Countries Travel Risk Management Services Market Size, 2017-2028
6.4.8 Benelux Travel Risk Management Services Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Travel Risk Management Services Revenue, 2017-2028
6.5.2 China Travel Risk Management Services Market Size, 2017-2028
6.5.3 Japan Travel Risk Management Services Market Size, 2017-2028
6.5.4 South Korea Travel Risk Management Services Market Size, 2017-2028
6.5.5 Southeast Asia Travel Risk Management Services Market Size, 2017-2028
6.5.6 India Travel Risk Management Services Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Travel Risk Management Services Revenue, 2017-2028
6.6.2 Brazil Travel Risk Management Services Market Size, 2017-2028
6.6.3 Argentina Travel Risk Management Services Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Travel Risk Management Services Revenue, 2017-2028
6.7.2 Turkey Travel Risk Management Services Market Size, 2017-2028
6.7.3 Israel Travel Risk Management Services Market Size, 2017-2028
6.7.4 Saudi Arabia Travel Risk Management Services Market Size, 2017-2028
6.7.5 UAE Travel Risk Management Services Market Size, 2017-2028
7 Players Profiles
7.1 Anvil Group
7.1.1 Anvil Group Corporate Summary
7.1.2 Anvil Group Business Overview
7.1.3 Anvil Group Travel Risk Management Services Major Product Offerings
7.1.4 Anvil Group Travel Risk Management Services Revenue in Global Market (2017-2022)
7.1.5 Anvil Group Key News
7.2 BCD Travel
7.2.1 BCD Travel Corporate Summary
7.2.2 BCD Travel Business Overview
7.2.3 BCD Travel Travel Risk Management Services Major Product Offerings
7.2.4 BCD Travel Travel Risk Management Services Revenue in Global Market (2017-2022)
7.2.5 BCD Travel Key News
7.3 Healix
7.3.1 Healix Corporate Summary
7.3.2 Healix Business Overview
7.3.3 Healix Travel Risk Management Services Major Product Offerings
7.3.4 Healix Travel Risk Management Services Revenue in Global Market (2017-2022)
7.3.5 Healix Key News
7.4 Carlson Wagonlit Travel
7.4.1 Carlson Wagonlit Travel Corporate Summary
7.4.2 Carlson Wagonlit Travel Business Overview
7.4.3 Carlson Wagonlit Travel Travel Risk Management Services Major Product Offerings
7.4.4 Carlson Wagonlit Travel Travel Risk Management Services Revenue in Global Market (2017-2022)
7.4.5 Carlson Wagonlit Travel Key News
7.5 Kroll
7.5.1 Kroll Corporate Summary
7.5.2 Kroll Business Overview
7.5.3 Kroll Travel Risk Management Services Major Product Offerings
7.5.4 Kroll Travel Risk Management Services Revenue in Global Market (2017-2022)
7.5.5 Kroll Key News
7.6 Millbank Solutions
7.6.1 Millbank Solutions Corporate Summary
7.6.2 Millbank Solutions Business Overview
7.6.3 Millbank Solutions Travel Risk Management Services Major Product Offerings
7.6.4 Millbank Solutions Travel Risk Management Services Revenue in Global Market (2017-2022)
7.6.5 Millbank Solutions Key News
7.7 NC4
7.7.1 NC4 Corporate Summary
7.7.2 NC4 Business Overview
7.7.3 NC4 Travel Risk Management Services Major Product Offerings
7.7.4 NC4 Travel Risk Management Services Revenue in Global Market (2017-2022)
7.7.5 NC4 Key News
7.8 Focus Point International
7.8.1 Focus Point International Corporate Summary
7.8.2 Focus Point International Business Overview
7.8.3 Focus Point International Travel Risk Management Services Major Product Offerings
7.8.4 Focus Point International Travel Risk Management Services Revenue in Global Market (2017-2022)
7.8.5 Focus Point International Key News
7.9 Drum Cassac
7.9.1 Drum Cassac Corporate Summary
7.9.2 Drum Cassac Business Overview
7.9.3 Drum Cassac Travel Risk Management Services Major Product Offerings
7.9.4 Drum Cassac Travel Risk Management Services Revenue in Global Market (2017-2022)
7.9.5 Drum Cassac Key News
7.10 Ovation Travel Group
7.10.1 Ovation Travel Group Corporate Summary
7.10.2 Ovation Travel Group Business Overview
7.10.3 Ovation Travel Group Travel Risk Management Services Major Product Offerings
7.10.4 Ovation Travel Group Travel Risk Management Services Revenue in Global Market (2017-2022)
7.10.5 Ovation Travel Group Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Travel Risk Management Services Market Opportunities & Trends in Global Market
Table 2. Travel Risk Management Services Market Drivers in Global Market
Table 3. Travel Risk Management Services Market Restraints in Global Market
Table 4. Key Players of Travel Risk Management Services in Global Market
Table 5. Top Travel Risk Management Services Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Travel Risk Management Services Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Travel Risk Management Services Revenue Share by Companies, 2017-2022
Table 8. Global Companies Travel Risk Management Services Product Type
Table 9. List of Global Tier 1 Travel Risk Management Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Travel Risk Management Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Travel Risk Management Services Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Travel Risk Management Services Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Travel Risk Management Services Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Travel Risk Management Services Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Travel Risk Management Services Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Travel Risk Management Services Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Travel Risk Management Services Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Travel Risk Management Services Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Travel Risk Management Services Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Travel Risk Management Services Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Travel Risk Management Services Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Travel Risk Management Services Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Travel Risk Management Services Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Travel Risk Management Services Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Travel Risk Management Services Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Travel Risk Management Services Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Travel Risk Management Services Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Travel Risk Management Services Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Travel Risk Management Services Revenue, (US$, Mn), 2023-2028
Table 30. Anvil Group Corporate Summary
Table 31. Anvil Group Travel Risk Management Services Product Offerings
Table 32. Anvil Group Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 33. BCD Travel Corporate Summary
Table 34. BCD Travel Travel Risk Management Services Product Offerings
Table 35. BCD Travel Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 36. Healix Corporate Summary
Table 37. Healix Travel Risk Management Services Product Offerings
Table 38. Healix Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 39. Carlson Wagonlit Travel Corporate Summary
Table 40. Carlson Wagonlit Travel Travel Risk Management Services Product Offerings
Table 41. Carlson Wagonlit Travel Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 42. Kroll Corporate Summary
Table 43. Kroll Travel Risk Management Services Product Offerings
Table 44. Kroll Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 45. Millbank Solutions Corporate Summary
Table 46. Millbank Solutions Travel Risk Management Services Product Offerings
Table 47. Millbank Solutions Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 48. NC4 Corporate Summary
Table 49. NC4 Travel Risk Management Services Product Offerings
Table 50. NC4 Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 51. Focus Point International Corporate Summary
Table 52. Focus Point International Travel Risk Management Services Product Offerings
Table 53. Focus Point International Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 54. Drum Cassac Corporate Summary
Table 55. Drum Cassac Travel Risk Management Services Product Offerings
Table 56. Drum Cassac Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
Table 57. Ovation Travel Group Corporate Summary
Table 58. Ovation Travel Group Travel Risk Management Services Product Offerings
Table 59. Ovation Travel Group Travel Risk Management Services Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Travel Risk Management Services Segment by Type in 2021
Figure 2. Travel Risk Management Services Segment by Application in 2021
Figure 3. Global Travel Risk Management Services Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Travel Risk Management Services Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Travel Risk Management Services Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Travel Risk Management Services Revenue in 2021
Figure 8. By Type - Global Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 9. By Application - Global Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 10. By Region - Global Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 11. By Country - North America Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 12. US Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 16. Germany Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 17. France Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 24. China Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 28. India Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 30. Brazil Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Travel Risk Management Services Revenue Market Share, 2017-2028
Figure 33. Turkey Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Travel Risk Management Services Revenue, (US$, Mn), 2017-2028
Figure 37. Anvil Group Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. BCD Travel Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Healix Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Carlson Wagonlit Travel Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Kroll Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Millbank Solutions Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. NC4 Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Focus Point International Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Drum Cassac Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Ovation Travel Group Travel Risk Management Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Research Methodology:
Travel Risk Management Services Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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